The price of gas produced in Britain and abroad is set on the wholesale energy markets. At the moment, it’s around 1.55p for every kilowatt hour (kWh) of gas.
Households, in turn, typically pay their energy supplier 5.08p per kWh of gas they use - a difference of 3.53p.
The last time suppliers paid a similar price to today’s 1.55p was April 2010. At that time, households paid 3.62p per kWh, according to figures from data experts ICIS Heren and comparison website Energyhelpline. So the difference then was 2.07p.
Based on average household consumption, the average annual gas bill is £686 today. But assuming the same consumption level, households in April 2010 would have had an annual bill of £489 - £197 lower. This means consumers are paying 40 per cent more for their fuel today.